Prime Minister Tony Abbott says Toyota workers will benefit from an expansion to the assistance package that already applies to Holden.
Both Holden and Toyota will pull out of car making in Australia in 2017.
The federal government has already announced a contribution of $60 million towards helping redundant Holden workers find training and new jobs.
Mr Abbott said his government would work closely with Victoria to ensure that "Victorians can face the future with confidence".
"We've got this $60 million adjustment package for Holden workers and I suspect that will probably get enhanced, given that there is now another business involved," Mr Abbott told Fairfax radio on Friday.
However, he said the auto industry jobs would still be in place for the next three years and the government wanted to ensure there were jobs beyond that period.
Mr Abbott said that, following talks with Victorian Premier Denis Napthine in Canberra this week, some "needed infrastructure work" that could start within weeks had been identified.
